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NY Gov Cuomo Announces Next Phase of $1.5B Nano Utica Initiative

August 27, 2015

New York Gov. Andrew Cuomo announced the next steps of his administration’s Nano Utica initiative, an effort to revitalize the Mohawk Valley regional economy through nanotechnology innovation. Originally announced in October 2013, Nano Utica is a public-private partnership spearheaded by the SUNY College of Nanoscale Science and Engineering (SUNY CNSE) and the SUNY Institute of Technology (SUNYIT), along with more than $1.5 billion in investment from global technology companies.

The most recent Nano Utica announcement includes additional commitments from major corporations. Multinational sensor technology company ams AG announced an investment of more than $2 billion to support a 360,000-square-foot water fabrication facility at the 450-acre Marcy Nanocenter complex. GE Global Research also will be expanding its global operations in Utica, serving as the anchor tenant of the Computer Chip Commercialization Center (QUAD C) on the campus of SUNY Polytechnic Institute’s Colleges of Nanoscale Science and Engineering.

Seeking to revitalize New York’s Mohawk Valley by working to establish a dynamic nanotechnology-driven ecosystem, Nano Utica is an attempt to replicate the success of SUNY Poly’s College of Nanoscale Science and Engineering in Albany. Similar to Gov. Cuomo’s other innovation-driven economic development activities, no public funds will be given to private companies. Instead, New York will invest $250 million at QUAD C and the Marcy Nanocenter to support critical infrastructure and equipment improvements, including adding first-of-its-kind cleanrooms, education and workforce training facilities, laboratories, and integrated office space.

New Yorkmanufacturing, nanotech